Video Nasdaq Holds its Ground Alphabet Completes its ABC

Feature image of stock market figures and indices
Matt Simpson financial analyst
By :  ,  Market Analyst
 



We look at a pivotal level for Nasdaq traders to consider and, as technology stocks are outperforming, update our bullish analysis on Alphabet Inc (GOOG) and Microsoft Corp (MSFT).

S&P 500: Market Internals


S&P 500: 4480.7 (0.85%), 15 September 2021

  • Energy (3.8%) was the strongest sector and Utilities (-0.146%) was the weakest
  • 11 out of the 11 S&P 500 sectors closed higher
  • 397 (78.61%) stocks advanced and 106 (20.99%) declined
  • 74.26% of stocks closed above their 200-day average
  • 52.48% of stocks closed above their 50-day average
  • 41.78% of stocks closed above their 20-day average

Outperformers:

  • + 8.3%   -  EOG Resources Inc  (EOG.N) 
  • + 7.8%   -  Diamondback Energy Inc  (FANG.OQ) 
  • + 7.6%   -  Marathon Oil Corp  (MRO.N) 

Underperformers:

  • -6.3%   -  Wynn Resorts Ltd  (WYNN.OQ) 
  • -5.7%   -  Electronic Arts Inc  (EA.OQ) 
  • -3.5%   -  Starbucks Corp  (SBUX.OQ) 


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